Matteo Leibowitz @teo_leibowitz Twitter profile

Last Seen Profiles

@CarlVirkus

@SussexHenryVIII

@Saints

@Nerd901Nick

@OceanDecadeNEP

@TexasFootball

@star_shambhavi

@_qxi7

@PhilipDawson

@ipaananen

@anklebiterrr_

@YoDexx_

@severnorth_

@AACTA

@dul_turkporno

@Fundedlions

@OtisJt

@DarkoGameplayer

@CNH_MX

@AvaCements

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@Cameron_2Cooper

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@ertal77

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@GNengoAbasy

@calenaymamerta

@akakuma_kunkids

@LacyGoode

@GLoacker

@Eigenpiexyz_io

@JayJayImmortal

@_Aline_Lo

@DPSCoach

Matteo Leibowitz

@teo_leibowitz

2 years

on a long enough time horizon bitcoin’s mechanism design is just as flawed as terra’s

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Matteo Leibowitz

@teo_leibowitz

3 years

— @VitalikButerin

UNI should become an oracle token

One of the most important ingredients for a successful defi ecosystem is a highly secure price oracle. Algorithmic stablecoins (eg. DAI, RAI, LQTY) depend on a price oracle, synthetic assets of any...

gov.uniswap.org

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Matteo Leibowitz

@teo_leibowitz

4 years

some professional news: i'm joining @UniswapProtocol to lead strategy what @haydenzadams , @NoahZinsmeister and co. have accomplished over the past 2 years is quite literally unbelievable. the numbers really do speak for themselves could not be more excited!

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Matteo Leibowitz

@teo_leibowitz

2 years

Incredibly excited to lead Uniswap Labs Ventures and redefine what it means to be a crypto-native fund. If you’re building something new and think we can help, slide into my DMs or reach out at ventures @uniswap .org

Uniswap Labs 🦄

@Uniswap

2 years

1/💫 At Labs, we want to onboard millions of users into the web3 economy, with the goal of unlocking universal ownership & exchange for all. But we know we can’t achieve our mission alone. Today we're proud to announce the launch of Uniswap Labs Ventures!

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Matteo Leibowitz

@teo_leibowitz

4 years

coinbase: - 1200+ employees - ~$550m raised uniswap: - 7 employees - ~$13m raised

hayden.eth 🦄

@haydenzadams

4 years

🤯 Wow, @UniswapProtocol 24hr trading volume is higher than @coinbase for the first time ever 🦄 Uniswap: $426M 🏦 Coinbase: $348M Hard to express with how crazy this is.

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Matteo Leibowitz

@teo_leibowitz

8 months

some personal news...

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Matteo Leibowitz

@teo_leibowitz

3 years

fintech darling vs. uniswap + 'add a send'

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Matteo Leibowitz

@teo_leibowitz

1 year

some serious slippage on that prisoner swap

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Matteo Leibowitz

@teo_leibowitz

4 years

what is the role of an analyst in a market where fundamentals don’t matter?

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Matteo Leibowitz

@teo_leibowitz

3 years

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Matteo Leibowitz

@teo_leibowitz

4 years

(quite literally) few seem to understand that uniswap currently has the deepest ETH spot books in the world. take a moment to think about how ridiculous this would have sounded a couple months ago

Matteo Leibowitz

@teo_leibowitz

4 years

ETH/USDT +/- 2% depth: $5,000,000

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Matteo Leibowitz

@teo_leibowitz

3 years

maybe my favourite chart

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Matteo Leibowitz

@teo_leibowitz

4 years

strange to me that we've yet to see an ethereum-based silk road alternative emerge. all necessary infra exists: -DAI (vs. BTC vol) -smart contract escrow (no exit scam) -eth.links (uncensorable UI) -mixers (wash earnings) imagine it'd be 1st mainstream breakout crypto app

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Matteo Leibowitz

@teo_leibowitz

3 years

$1bn volume/day is the new normal @UniswapProtocol

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Matteo Leibowitz

@teo_leibowitz

4 years

short LINK?

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Matteo Leibowitz

@teo_leibowitz

3 years

new homepage who dis?

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Matteo Leibowitz

@teo_leibowitz

2 years

RIP nikolai - big loss for the industry

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Matteo Leibowitz

@teo_leibowitz

4 years

would it be controversial to suggest that Ethereum's probability of serving as global financial infrastructure is far higher than Bitcoin's probability of (even partially) replacing gold as SoV?

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Matteo Leibowitz

@teo_leibowitz

5 years

came into day 2 with 39.1k. bagged 324k. day 3 tomorrow at 12.

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Matteo Leibowitz

@teo_leibowitz

1 year

gen z gone too far

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Matteo Leibowitz

@teo_leibowitz

6 months

I wrote about why I love poker and some of the characters I've met along the way

Why poker

My sophomore year of college, I found myself with too much time on my hands. I had moved off campus and hanging out with friends now…

medium.com

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Matteo Leibowitz

@teo_leibowitz

1 year

new coinbase is almost unusable

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Matteo Leibowitz

@teo_leibowitz

3 years

earnings before gas (EBG)

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Matteo Leibowitz

@teo_leibowitz

3 years

. @Uniswap has seen $1bn+ volume/day in 13 of the last 14 days (the other day was $987m)

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Matteo Leibowitz

@teo_leibowitz

4 years

no biggie

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Matteo Leibowitz

@teo_leibowitz

4 years

real-time @MakerDAO MKR price-to-earnings ratio this is the future of finance

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Matteo Leibowitz

@teo_leibowitz

3 years

AGLD on v3 ~$6.4m liquidity ~$110m volume 24hr ~$1.1m fees 24hr wowza

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Matteo Leibowitz

@teo_leibowitz

3 years

this LP set a ETH/USDC range between $1,000 and $12,356 10 days ago. earning a rate of ~62% APR v3: it's really not that hard (h/t @revertfinance )

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Matteo Leibowitz

@teo_leibowitz

4 years

“fucking savage” is when a ‘high profile’ VC puts in a 2x val offer at seed and still can’t get in the round

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Matteo Leibowitz

@teo_leibowitz

2 years

who’s going to ethcc?

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Matteo Leibowitz

@teo_leibowitz

6 months

😅

Matteo Leibowitz

@teo_leibowitz

1 year

for every year SBF gets in jail i’ll donate $100 to charity

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Matteo Leibowitz

@teo_leibowitz

1 year

100/10000

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Matteo Leibowitz

@teo_leibowitz

3 years

this simply cannot compete

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Matteo Leibowitz

@teo_leibowitz

3 years

jan 19: $973,304 jan 20: $63,477,539 jan 21: $25,866,837,001 jan 22: ???

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Matteo Leibowitz

@teo_leibowitz

3 years

. @PoolTogether_ is front-page-news-material in the making and, consequently, has the potential to be major on-boarding platform into DeFi at large only a matter of time until we see $1m weekly prize pool

Leighton 🛡

@lay2000lbs

3 years

392 days ago someone deposited $73 into PoolTogether. Yesterday they won $43,760 just by saving their money. This is why @PoolTogether_ will be the on ramp for normal people into DeFi.

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Matteo Leibowitz

@teo_leibowitz

5 years

this morning i found $80 on the floor and felt, well, conflicted (although eventually did, like the shmuck i am, pick it up...)

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Matteo Leibowitz

@teo_leibowitz

3 years

v mf 3

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Matteo Leibowitz

@teo_leibowitz

4 years

[unpaywalled] @synthetix_io in everyone's portfolio these days, but do the numbers add up? [unpaywalled]

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Matteo Leibowitz

@teo_leibowitz

3 years

nice pre mine

Ryan Watkins

@RyanWatkins_

3 years

On #Bitcoin ‘s 12th birthday, Satoshi Nakamoto just became the 40th richest person in the world. $34 billion and counting 🚀

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Matteo Leibowitz

@teo_leibowitz

5 years

just to be very very very clear: the blockchain that wins long term will be that which accrues the most transaction fees. everything else is noise.

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Matteo Leibowitz

@teo_leibowitz

5 years

really excited to share this... introducing ttcX: a top trading cycle algorithm-based exchange pool for NFTs - pareto efficient - strategy proof - surfaces relative value among non-obviously priced assets now just need someone to build it!

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Matteo Leibowitz

@teo_leibowitz

3 years

. @UniswapProtocol volume 11/18 - 12/19: $393m uniswap 24hr volume: ~$450m

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Matteo Leibowitz

@teo_leibowitz

4 years

physically i am here

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Matteo Leibowitz

@teo_leibowitz

2 years

strong contender for swag of the year

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Matteo Leibowitz

@teo_leibowitz

5 years

Disclosure: I do not plan to move ~20% of my crypto portfolio to ZCash this quarter

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Matteo Leibowitz

@teo_leibowitz

4 years

big thanks to my amazing colleagues at @TheBlock__ for a special 1.5 years. feel lucky to have played a part in building out the premier cryptocurrency research&news shop. very bright future ahead

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Matteo Leibowitz

@teo_leibowitz

1 year

anyone have further insight into how maker spent $55m last year? at first look seems a bit excessive

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Matteo Leibowitz

@teo_leibowitz

3 years

57,779 unique addresses currently providing liquidity to @UniswapProtocol

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Matteo Leibowitz

@teo_leibowitz

3 years

interesting to think that reddit played a pivotal role in both the coinbase and uniswap founding stories

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Matteo Leibowitz

@teo_leibowitz

4 years

ok i'll bite...what's sushiswap?

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Matteo Leibowitz

@teo_leibowitz

3 years

half a trilly

Uniswap Labs 🦄

@Uniswap

3 years

1/ 🚀 Over the weekend, the Uniswap Protocol passed $500B in total trading volume since its launch in November 2018.

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Matteo Leibowitz

@teo_leibowitz

5 years

prediction: @SetProtocol will be the first DeFi product to cross $1bn TLV mark. i give it less than 6 months. DM me if you want to take the other side

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Matteo Leibowitz

@teo_leibowitz

27 days

you can currently bet $1m on biden to be the democratic party *nominee* on @Polymarket for an annualized return of ~38% can't imagine a better r/r trade at that size

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Matteo Leibowitz

@teo_leibowitz

1 year

for every year SBF gets in jail i’ll donate $100 to charity

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Matteo Leibowitz

@teo_leibowitz

5 years

the obvious solution here is higher throughput

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Matteo Leibowitz

@teo_leibowitz

3 years

struggling with v3? AMA

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Matteo Leibowitz

@teo_leibowitz

5 years

when @TuurDemeester ETH/BTC counter indicator set?? @SetProtocol

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Matteo Leibowitz

@teo_leibowitz

3 years

#sayUniswap

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Matteo Leibowitz

@teo_leibowitz

5 years

unpopular opinion: @dydxprotocol doesn't get the credit it deserves!

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Matteo Leibowitz

@teo_leibowitz

4 years

[1/7] introducing: @TheBlock__ 's Open Finance Index (OFI) [genesis preview, soon!]

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Matteo Leibowitz

@teo_leibowitz

3 years

tbf i also blame @haydenzadams for not single-handedly solving scaling

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Matteo Leibowitz

@teo_leibowitz

4 years

have to say, thoroughly impressed by @synthetix_io governance call lots of interesting trade-offs to work through, discussion level-headed, innovative products on timeline, emphasis on community participation looking forward to the next one

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Matteo Leibowitz

@teo_leibowitz

3 years

is this @samczsun 's 'u up' for traders?

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Matteo Leibowitz

@teo_leibowitz

3 years

@ mum, i made it

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Matteo Leibowitz

@teo_leibowitz

3 months

very poor form for venture funds to list assets they bought in public secondary markets as port cos

The Block

@TheBlock__

3 months

Uncorrelated Ventures raises $315 million for crypto and software-focused fund

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Matteo Leibowitz

@teo_leibowitz

3 years

defi, not bitcoin

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Matteo Leibowitz

@teo_leibowitz

3 years

the uniswap paradox: uniswap is 'unusable' because so many people are using uniswap (meanwhile, ATH volume + users)

hayden.eth 🦄

@haydenzadams

3 years

Scaling is a huge problem. It absolutely sucks small transactions are sometimes priced out during volatility. We hope to help solve this. That said, the high gas costs are a direct result of *huge demand for trading on Uniswap* so the framing is a bit funny.

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Matteo Leibowitz

@teo_leibowitz

2 years

1/ Lots of chart crime on CT recently but this query takes the biscuit (cookie for my US readers) TLDR: The Uniswap v3 ETH/USDC 30 bps pool has generated 2.5x more fees for LPs than the ‘24 hr markout’.

defi guy 🔥🦅

@0xShitTrader

2 years

Retail should not be encouraged to passively provide AMM liquidity. It is almost always a money-losing enterprise, getting arbed over and over. Even on ETH/USDC, the pair with by far the most nontoxic flow, passive LPs consistently lose money. Source:

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Matteo Leibowitz

@teo_leibowitz

3 years

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Matteo Leibowitz

@teo_leibowitz

5 years

congrats to @SetProtocol for crossing the $1m AUM mark - 91,607 DAI ($91.6k) - 12.78 WBTC ($149k) - 3510 WETH (~$817k) just the start

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Matteo Leibowitz

@teo_leibowitz

4 years

. @UniswapProtocol section writes itself: - on track for 100k uniques this week - $1.5bn volume 8/10-8/17 (21% of CB pro) - home of long tail (5000+ assets) AND fat tail (68% market share in ETH-USDC) - annualized gross LP yield ~90%+ more inside:

Our Network: Issue #35

Coverage on DEX.

ournetwork.substack.com

hayden.eth 🦄

@haydenzadams

4 years

Check out the latest @OurNetwork__ DeFi newsletter @UniswapProtocol sections now written by @teo_leibowitz , our new Strategy Lead!!

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Matteo Leibowitz

@teo_leibowitz

5 years

"The possibilities for these exotic structured products are, quite literally, endless" i think @SetProtocol 's rebalancing sets might just be the most exciting addition to the open finance space yet.

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Matteo Leibowitz

@teo_leibowitz

1 year

is there anything david solomon can’t do?

Taylor Twellman

@TaylorTwellman

1 year

This man nailed every call without VAR. His experience as a player showed in the final and he should be applauded with the work he did. 🏅 deserved for all the refs in #FIFAWorldCup final.

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Matteo Leibowitz

@teo_leibowitz

2 years

as one tour ends, another begins OOO until august 1

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Matteo Leibowitz

@teo_leibowitz

5 years

Romano Eliminated by Leibowitz

Over on the third feature table, stand-up comedian, actor and screenwriter Ray Romano was all in with a short stack and Matteo Leibowitz looked him up to create a coin flip in the showdown. Ray...

www.pokernews.com

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Matteo Leibowitz

@teo_leibowitz

4 years

1/ addressing some of the comments to emerge since I published my report yesterday

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Matteo Leibowitz

@teo_leibowitz

1 year

nice to know that the money used to forcefully buy me out of my equity at $11m valuation last year came from SBF

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Matteo Leibowitz

@teo_leibowitz

4 years

"how does COMP farming lead to ETH value accrual" is missing forest for the trees proof of stake is perpetual liquidity mining in its purest form, at scale. as the target asset, ETH will be direct beneficiary

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Matteo Leibowitz

@teo_leibowitz

3 years

uniswap crossed 500k monthly active addresses today and its only 12th may 1m MAA, long a pipe dream for dApps, now close to reality

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Matteo Leibowitz

@teo_leibowitz

5 years

today i realized that @MakerDAO logo is an order book 🤦‍♂️

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Matteo Leibowitz

@teo_leibowitz

3 years

pretty cool to see @CalBlockchain emerge as the 10th largest @UniswapProtocol delegate with 2.5m votes !

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Matteo Leibowitz

@teo_leibowitz

2 years

. @UniswapLabsVC

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Matteo Leibowitz

@teo_leibowitz

4 years

serious question... what can @solana offer that an ethereum sidechain cannot?

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Matteo Leibowitz

@teo_leibowitz

4 years

FUD?

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Matteo Leibowitz

@teo_leibowitz

4 years

first things first

Matteo Leibowitz

@teo_leibowitz

4 years

request for new @UniswapProtocol logo

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Matteo Leibowitz

@teo_leibowitz

3 years

defi solves principal agent problem makerdao: MKR holders directly on the line in the event of undercollaterlization. incentivized to set sensible risk parameters vs. credit suisse: prime brokers let archegos loose, blows up, shareholders take 20%+ losses, rinse, repeat

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Matteo Leibowitz

@teo_leibowitz

5 years

it might possibly maybe be a good idea to borrow Dai @ 0.1% APR on @DharmaProtocol and lend Dai @ 37.19% APR on @getnuo 😶

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Matteo Leibowitz

@teo_leibowitz

3 years

DEX vs. CEX picking up again last week, @UniswapProtocol supported 33.27% of @coinbase volume

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Matteo Leibowitz

@teo_leibowitz

1 year

unlimited leverage no liquidations no counterparty risk no oracles built on v3 potentially the most important defi innovation in years

InfinityPools

@InfPools

1 year

Introducing InfinityPools

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Matteo Leibowitz

@teo_leibowitz

4 years

Kraken Exchange

@krakenfx

4 years

*NEW* HOW A GENERATIONAL SHIFT COULD GIVE #BITCOIN A $1 TRILLION BOOST In the US alone, $70 trillion will transfer from Boomers to Bitcoin-friendly generations in the coming decades. In new research, we break down the impact this shift could bring 🧵👇

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Matteo Leibowitz

@teo_leibowitz

3 years

jan 2018 PTSD

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Matteo Leibowitz

@teo_leibowitz

3 years

they say the first $100bn is the hardest

hayden.eth 🦄

@haydenzadams

3 years

🦄 @Uniswap just became the first decentralized trading platform to process over $100b in volume - an exciting milestone for DeFi 🚀

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Matteo Leibowitz

@teo_leibowitz

3 years

being anon is fun & cool until it's time to do BD

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Matteo Leibowitz

@teo_leibowitz

2 years

after some further digging, it appears that @thiccythot_ 's query was indeed correct all along! sincere apologies to Alex, @0xShitTrader and everyone else involved in this discussion for the very embarrassing mistake 😬. can be sure that it won’t happen again.

Xin Wan

@xin__wan

2 years

I 🤡 was wrong! Serve me the🍪please? Thanks to @0xShitTrader for debugging my code. All mistakes were mine, as well as the cookie. Shoutouts to @thiccythot_ , @0xShitTrader , @0x94305 for participating in this great discussion. A few final thoughts… 1/

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Matteo Leibowitz

@teo_leibowitz

3 years

. @ammori on the practical benefits of DeFi

Decentralized Finance: What It Is, Why It Matters - a16z crypto

DeFi’s two foundational qualities — permissionless-ness and transparency — translate to multiple, powerful use cases.

a16zcrypto.com

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Matteo Leibowitz

@teo_leibowitz

4 years

manipulating COMP spot while holding outsized long perp swap position is the real yield farming

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Matteo Leibowitz

@teo_leibowitz

4 years

this is not a good time to be a MKR holder... network congestion --> uncompetitive collat auctions --> vaults being liquidated for 0 DAI --> multi-million -ev DAI surplus. MKR will be auctioned to cover shortfall. first time this has ever happened. could see similar dynamics

Vishesh 🔎

@visavishesh

4 years

Auctions with zero bids successfully winning on @MakerDAO .

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Matteo Leibowitz

@teo_leibowitz

4 years

maybe because it's not actually DeFi?

THE CMS

@cmsholdings

4 years

Jumps transition into DEFI is a big deal, it means internally a large structured traditional shop was able to get to a legal and compliance comfort to interface these type of platforms which hasn't happen at this size yet

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Matteo Leibowitz

@teo_leibowitz

2 years

sbf is such a bad liar. here’s his excuse from 2019 when trying to raise debt for alameda for why they weren’t audited